The price of Mativ Holdings Inc (NYSE:MATV) shares last traded on Wall Street rose 1.45% to $9.10.
MATV stock price is now -13.03% away from the 50-day moving average and -40.30% away from the 200-day moving average. The market capitalization of the company currently stands at $494.49M.
With the price target of $15.50, Stifel recently initiated with Hold rating for Mativ Holdings Inc (NYSE: MATV). On December 12, 2022, CJS Securities recently initiated its ‘Market Outperform’ rating on the stock quoting a target price of $32
In other news, COOK WILLIAM M, Director bought 2,500 shares of the company’s stock on Nov 15 ’24. The stock was bought for $31,125 at an average price of $12.45. Upon completion of the transaction, the Director now directly owns 21,436 shares in the company, valued at $0.2 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 14 ’24, President, CEO Schertell Julie sold 12,000 shares of the business’s stock. A total of $213,720 was realized by selling the stock at an average price of $17.81. This leaves the insider owning 283,981 shares of the company worth $2.58 million. A total of 2.46% of the company’s stock is owned by insiders.
During the past 12 months, Mativ Holdings Inc has had a low of $8.61 and a high of $19.96. As of last week, the company has a debt-to-equity ratio of 1.37, a current ratio of 2.37, and a quick ratio of 1.29. According to the stock market information, the enterprise value for the company is $1540956032, which is based on a 4.63 price-to-earnings ratio, a 0.21 price-to-earnings-growth ratio, and a beta of 0.67. The fifty day moving average price for MATV is $10.463 and a two-hundred day moving average price translates $15.24175 for the stock.
The latest earnings results from Mativ Holdings Inc (NYSE: MATV) was released for 2024-09-30. The net profit margin was 5.43% and return on equity was -8.23% for MATV. The company reported revenue of $498.5 million for the quarter, compared to $498.2 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.06 percent.
